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Investing.com -- Rosneft, the Russian oil company, has temporarily suspended operations at its oil refinery in Saratov, a city in southern Russia. The decision to halt fuel production was taken as a safety measure following attacks by Ukrainian drones on Tuesday, according to industry insiders.

Earlier on Tuesday, the Ukrainian military confirmed that it had targeted an oil refinery in Russia's Saratov region. The attack resulted in a fire at the facility. The industry sources anticipate that the Saratov refinery will resume operations within the next one to two days.

The Saratov refinery, which is owned by Rosneft, is a significant facility in the region. This temporary halt in operations, caused by the drone strikes, underscores the ongoing tensions between Ukraine and Russia. The impact of the drone attacks on the refinery's operations and the timeline for resumption of production are based on current industry estimates.

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